18:45:10 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Altus Group Ltd
Symbol AIF
Shares Issued 36,914,363
Close 2016-04-19 C$ 21.30
Market Cap C$ 786,275,932
Recent Sedar Documents

Altus Group to disclose revenue for three segments

2016-04-19 16:06 ET - News Release

Mr. Ali Mahdavi reports

ALTUS GROUP UPDATES ITS REPORTING BUSINESS SEGMENTATION

Altus Group Ltd. has made certain changes to its financial reporting to reflect the company's historical growth and evolving focus toward technology-driven offerings for the commercial real estate economy, while maintaining market leadership across its expert-service businesses. The changes to segmentation will be effective commencing with the three-month period ended March 31, 2016.

Going forward, Altus Group will disclose gross revenues and adjusted earnings before interest, taxes, depreciation and amortization for three reporting segments consisting of: (1) Altus analytics; (2) commercial real estate consulting; and (3) geomatics.

The company has presented a two-year summary of historical financial information, reflecting the new segmentation, at the company's website.

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